Buyer’s Lender definition
Examples of Buyer’s Lender in a sentence
As of Closing, Buyer shall be responsible to obtain casualty and liability insurance coverage on the Property in amounts acceptable to Buyer and Buyer’s Lender, if applicable.
If the existing survey is not approved by the Title Company or Buyer’s Lender, a new survey will be obtained at the expense of (check one): Buyer Seller no later than days (three (3) days if left blank) prior to the Closing Date.
Seller shall furnish Buyer’s Lender such certifications regarding its actions under this ARTICLE III as Buyer’s Lender shall reasonably request and shall otherwise cooperate with Buyer’s Lender.
The Independent Engineer’s duties will include a duty of care to the Buyer’s Lender.
Buyer shall pay the costs of buyer’s search and exam additional premium(s) for any loan or mortgagee’s policy acquired for Buyer’s benefit, and any other extended coverage or endorsements requested by Buyer or Buyer’s Lender.